June 2014 - Paper 3

11:  

Which of the following two forms of collective bargaining were identified by Chamberlain and Kuhn?

A.

Integrative Bargaining and Distributive Bargaining

B.

Conjunctive Bargaining and Cooperative Bargaining

C.

Integrative Bargaining and Cooperative Bargaining

D.

Distributive Bargaining and Conjunctive Bargaining

 
 

Option: B

Explanation :

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12:  

Indicate the cost of equity capital, based on capital asset pricing model, with the following information :

Beta coefficient -1.40

Risk-free rate of interest - 9%

Expected Rate of Return on equity in the market - 16%

A.

9.8%

B.

18%

C.

18.8%

D.

16%

 
 

Option: C

Explanation :

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13:  

Which one of the following statements is the correct interpretation of P-value of less than 0.01 in hypothesis testing?

 

A.

There is overwhelming evidence to infer that the alternative hypothesis is true.

B.

There is strong evidence to infer that the alternative hypothesis is true.

C.

There is weak evidence to indicate that the alternative hypothesis is true.

D.

There is no evidence to infer that the alternative hypothesis is true.

 
 

Option: A

Explanation :

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14:  

Indicate the true statement :

 

A.

Large industrial houses are outside the purriew of the Competition Act, 2002.

B.

There is no provision7 for curbing frivolous complaints under the CPA.

C.

The Trade Marks Act, 1999 does not apply to services.

D.

All of the above are true.

 
 

Option: C

Explanation :

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15:  

Find the correct matching of the items of List - I with the items of List - II given below

List - I

List - II

(a) Normal Profit

(I)  Excess of total revenue over total explicit cost

(b) Economic profit

(II) Total revenue equals total economic cost

(c) Accounting profit

 

(III) Excess of total revenue over total of explicit and implicit costs and a normal rate of return

 

A.

Codes:

(i) (ii) (iii)

(c) (a) (b)

B.

Codes:

(i) (ii) (iii)

(b) (a) (c)

C.

Codes:

(i) (ii) (iii)

(a) (b) (c)

D.

Codes:

(i) (ii) (iii)

(a) (c) (b)

 
 

Option: A

Explanation :

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